# 119-s-1481: LOCAL Infrastructure Act

119-s-1481, LOCAL Infrastructure Act, is a 119th Congress bill sponsored by Sen. Wicker, Roger F. [R-MS] (R-MS); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-1481
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-1481
- Congress: 119
- Title: LOCAL Infrastructure Act
- Status: introduced
- Introduced: 2025-04-10
- Sponsor: Sen. Wicker, Roger F. [R-MS] (R-MS)
- Cosponsors: 13
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Restores advance refunding bonds to federal tax law.** This bill would repeal Section 13532 of Public Law 115-97 and put the rules for advance refunding bonds back the way they were before that amendment. The repeal would take effect on the date of enactment. No new programs, funding, eligibility changes, or extra restrictions are created. The sole outcome is to reinstate the prior-law status of advance refunding bonds.

## Cosponsors (13)

- Sen. Bennet, Michael F. [D-CO] (D-CO), 2025-04-10T00:00:00.000Z
- Sen. Britt, Katie Boyd [R-AL] (R-AL), 2025-04-10T00:00:00.000Z
- Sen. Hyde-Smith, Cindy [R-MS] (R-MS), 2025-04-10T00:00:00.000Z
- Sen. Boozman, John [R-AR] (R-AR), 2025-04-10T00:00:00.000Z
- Sen. Barrasso, John [R-WY] (R-WY), 2025-04-10T00:00:00.000Z
- Sen. Warnock, Raphael G. [D-GA] (D-GA), 2025-04-10T00:00:00.000Z
- Sen. Warner, Mark R. [D-VA] (D-VA), 2025-04-10T00:00:00.000Z
- Sen. Capito, Shelley Moore [R-WV] (R-WV), 2025-04-28T00:00:00.000Z
- Sen. Welch, Peter [D-VT] (D-VT), 2025-06-17T00:00:00.000Z
- Sen. Baldwin, Tammy [D-WI] (D-WI), 2025-06-17T00:00:00.000Z
- Sen. Blumenthal, Richard [D-CT] (D-CT), 2025-06-17T00:00:00.000Z
- Sen. Klobuchar, Amy [D-MN] (D-MN), 2025-06-17T00:00:00.000Z
- Sen. Van Hollen, Chris [D-MD] (D-MD), 2025-06-17T00:00:00.000Z

## Provisions PRIA read

- Restore advance refunding for municipal bonds: benefit, medium. This bill would repeal the changes made by section 13532 of Public Law 115-97 and restore the prior federal tax rules for advance refunding municipal bonds. If enacted, state and local governments could use advance refunding bonds again. Investors could see different tax treatment for interest on t…

## Related bills

- 119-s-2296: National Defense Authorization Act for Fiscal Year 2026
- 119-s-4784: National Defense Authorization Act for Fiscal Year 2027
- 119-s-5066: Health Equity and Accountability Act of 2026
- 119-s-1241: Sanctioning Russia Act of 2025
- 119-sres-913: A resolution relating to the death of the Honorable Nancy Kassebaum, former United States Senator for the State of Kansas.
- 119-sres-897: A resolution honoring the life, service, and legacy of the Honorable Jon Llewellyn Kyl, former Senator for the State of Arizona.

## Sources
- [119-s-1481 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1481)

## Related
- [119-s-2296: National Defense Authorization Act for Fiscal Year 2026](https://policyrisk.com/legislation/119-s-2296)
- [119-s-4784: National Defense Authorization Act for Fiscal Year 2027](https://policyrisk.com/legislation/119-s-4784)
- [119-s-5066: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-s-5066)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [119-sres-913: A resolution relating to the death of the Honorable Nancy Kassebaum, former Uni…](https://policyrisk.com/legislation/119-sres-913)
- [119-sres-897: A resolution honoring the life, service, and legacy of the Honorable Jon Llewel…](https://policyrisk.com/legislation/119-sres-897)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-1481 (as of 2026-04-21).